Montanaro European Smaller Trust (LSE:MTE) PS Ratio: 9.17 (As of Jul. 17, 2026) — Near Median

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LSE:MTE Montanaro European Smaller Companies Trust PLC LSE:MTE
37 GF Score
Price £1.72
! 4 Warning Signs
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What is Montanaro European Smaller Trust PS Ratio?

Montanaro European Smaller Trust LSE:MTE -1.44% 37 PS Ratio is 9.17 as of Jul. 17, 2026, which is 8% above its 10-year median of 8.48. GuruFocus rates LSE:MTE with a GF Score™ of 37/100. The stock has 4 warning signs investors should review. Among 1,409 Asset Management companies, Montanaro European Smaller Trust ranks worse than 57.77% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Montanaro European Smaller Trust's share price is £1.715. Montanaro European Smaller Trust's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was £0.19. Hence, Montanaro European Smaller Trust's PS Ratio for today is 9.17.

The historical rank and industry rank for Montanaro European Smaller Trust's PS Ratio or its related term are showing as below:

LSE:MTE' s PS Ratio Range Over the Past 10 Years
Min: 2.22   Med: 8.48   Max: 19.1
Current: 9.17

During the past 13 years, Montanaro European Smaller Trust's highest PS Ratio was 19.10. The lowest was 2.22. And the median was 8.48.

LSE:MTE's PS Ratio is ranked worse than
57.77% of 1409 companies
in the Asset Management industry
Industry Median: 7.3 vs LSE:MTE: 9.17

Montanaro European Smaller Trust's Revenue per Sharefor the six months ended in Sep. 2025 was £0.22. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was £0.19.

Warning Sign:

Montanaro European Smaller Companies Trust PLC revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Montanaro European Smaller Trust was -34.40% per year.

During the past 13 years, Montanaro European Smaller Trust's highest 3-Year average Revenue per Share Growth Rate was 85.10% per year. The lowest was -49.40% per year. And the median was -4.80% per year.

Back to Basics: PS Ratio


Montanaro European Smaller Trust  (LSE:MTE) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Montanaro European Smaller Trust PS Ratio Related Terms


Montanaro European Smaller Trust PS Ratio Historical Data

* Premium members only.

The historical data trend for Montanaro European Smaller Trust's PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Montanaro European Smaller Trust PS Ratio Chart

Montanaro European Smaller Trust Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 15.85 0.00 17.17 0.00

Montanaro European Smaller Trust Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 17.17 0.00 0.00 0.00

LSE:MTE vs BLK, BX, KKR: PS Ratio Comparison

For the Asset Management subindustry, Montanaro European Smaller Trust's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Montanaro European Smaller Trust PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Montanaro European Smaller Trust's PS Ratio distribution charts can be found below:

* The bar in red indicates where Montanaro European Smaller Trust's PS Ratio falls into.


LSE:MTE
37GF Score
Montanaro European Smaller Companies Trust PLC LSE:MTE
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Montanaro European Smaller Trust PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Montanaro European Smaller Trust's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.715/0.187
=9.17

Montanaro European Smaller Trust's Share Price of today is £1.715.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Montanaro European Smaller Trust's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was £0.19.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 9.17 mean?
Montanaro European Smaller Trust (LSE:MTE) has a PS Ratio of 9.17 as of Jul. 17, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Montanaro European Smaller Trust and its competitors. This is near median its historical median of 8.48. Over the past decade, Montanaro European Smaller Trust's PS Ratio has ranged from 2.22 to 19.10. According to the industry distribution chart, Montanaro European Smaller Trust ranks #814 out of 1409 companies in the Asset Management industry, placing it in the top 57.8%.
Is Montanaro European Smaller Trust's PS Ratio too high?
Montanaro European Smaller Trust's current PS Ratio of 9.17 is near median its 10-year median of 8.48. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 19.10. The Asset Management industry median PS Ratio is 7.30. Montanaro European Smaller Trust's value of 9.17 is 25.6% above this industry median. Based on the distribution chart, Montanaro European Smaller Trust ranks #814 out of 1409 companies in the Asset Management industry, which is below the industry midpoint. Overall, Montanaro European Smaller Trust has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Montanaro European Smaller Trust's PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Montanaro European Smaller Trust ranks #814 out of 1409 companies for PS Ratio. This places Montanaro European Smaller Trust in the lower half of its industry. The industry median PS Ratio is 7.30. Montanaro European Smaller Trust's value of 9.17 is 25.6% above this benchmark. Historically, Montanaro European Smaller Trust's own PS Ratio has ranged from 2.22 to 19.10 over the past decade. While the company's 10-year median is 8.48 vs. the industry median of 7.30, Montanaro European Smaller Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for an Asset Management company?
The median PS Ratio among Asset Management companies is 7.30, based on 1,409 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Montanaro European Smaller Trust's current PS Ratio of 9.17 is 25.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Montanaro European Smaller Trust and its competitors. For the Asset Management industry, the median PS Ratio is 7.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Montanaro European Smaller Trust's current PS Ratio is 9.17, which is near median its own 10-year median of 8.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Montanaro European Smaller Trust stock overvalued right now?
Montanaro European Smaller Trust (LSE:MTE) has a current PS Ratio of 9.17. The current PS Ratio is 9.17, which is near median its 10-year median of 8.48 and 25.6% above the Asset Management industry median of 7.30. Montanaro European Smaller Trust's overall GF Score™ is 37/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Montanaro European Smaller Trust (LSE:MTE), the current PS Ratio is 9.17 as of Jul. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Montanaro European Smaller Trust Business Description

Address 28 Walker Street, Edinburgh, GBR, EH3 7HR
Montanaro European Smaller Companies Trust PLC is an investment trust. The company's investment objective is to achieve capital growth by investing principally in Continental European quoted smaller companies. Its benchmark index is the MSCI Europe SmallCap (ex UK) Index (in sterling terms). It has a presence in Sweden, Germany, Italy, Switzerland, France, Norway, Netherlands, Denmark, Spain, Belgium, Portugal, and Austria. The company invests in Energy, Materials, Industrials, Consumer Discretionary, Consumer Staples, Health Care, Financials, Information Technology, Communication Services, and Property sectors.
37GF Score

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